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ill let ya know in a couple of hours when i return from ther bar

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Q: What are the odds in covering 100.00 bet on 50 four spot games of keno at 1 dollar per game with an additional 1 dollar bet per game for a multiplier of 0 through 10 for each game?
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What is the main idea of the multiplier effect?

The main idea of the multiplier effect is that an initial increase in spending or investment leads to further economic activity and growth. This occurs as the money circulates through the economy, creating a ripple effect as it is spent and respent by individuals and businesses.


In economics what is a multiplier?

When used in economics, the term multiplier refers to a proportion factor that measures how much a variable happens to change in response to a change in another variable. The most common multipliers in economics are money multipliers and fiscal multipliers.


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What is the relevance of multiplier effect to government policy in economics?

Local, State, and National Governments typically will attempt to shape policy around the idea of a multiplier effect if they understand the concept. The idea is of course that policies will attract more spending in their respective forum and so enjoy the benefits of the monetary multiplier. This means for example that one dollar ($1) spent in a local economy such as Atlanta may generate as much as $4-$10 in economic growth to the local community. This same concept can be true for spending on the state and national levels.


What is the value of 1977 us Elvis dollar bill?

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What is output multiplier in economics?

The expansion of a country's money supply that results from banks being able to lend. The size of the multiplier effect depends on the percentage of deposits that banks are required to hold on reserves. In other words, it is money used to create more money and calculated by dividing total bank deposits by the reserve requirement. The multiplier effect depends on the set reserve requirement. So, to calculate the impact of the multiplier effect on the money supply, we start with the amount banks initially take in through deposits and divide by the reserve ratio. If, for example, the reserve requirement is 20%, for every $100 a customer deposits into a bank, $20 must be kept in reserve. However, the remaining $80 can be loaned out to other bank customers. This $80 is then deposited by these customers into another bank, which in turn must also keep 20%, or $16, in reserve but can lend out the remaining $64. This cycle continues - as more people deposit money and more banks continue lending it - until finally the $100 initially deposited creates a total of $500 ($100 / 0.2) in deposits. This creation of deposits is the multiplier effect. The higher the reserve requirement, the tighter the money supply, which results in a lower multiplier effect for every dollar deposited. The lower the reserve requirement, the larger the money supply, which means more money is being created for every dollar deposited. source:: http://financial-dictonary.thefreedictionary.com


How do you capitalize this sentence George Washington's portrait is on the one dollar bill?

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